News Corp (NWSA) Tops Q3 EPS by 2c

News Corp (NASDAQ: NWSA) (NYSE: NWS) reported Q3 EPS of $0.07, $0.02 better than the analyst estimate of $0.05. Revenue for the quarter came in at $1.98 billion versus the consensus estimate of $1.86 billion.

• Revenues of $1.98 billion, a 5% increase compared to $1.89 billion in the prior year
• Income (loss) from continuing operations was break-even, compared to ($128) million in the prior year
• Digital Real Estate Services segment contributed to strong growth in Total Segment EBITDA; Total Segment EBITDA was $215 million compared to ($122) million in the prior year, which included the NAM Group settlement charge of $280 million
• Reported EPS were ($0.01) compared to ($0.26) in the prior year – Adjusted EPS were $0.07 compared to $0.04 in the prior year
• Realtor.com® achieved record traffic in the quarter with 55 million average monthly unique users

For earnings history and earnings-related data on News Corp (NWSA) click here.

You May Also Be Interested In

• 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
• Nvidia pitches Vera CPU to Chinese clients with August delivery target
• Academy Sports and Outdoor (ASO) Misses Q1 EPS by 1c ; Offers Guidance